Rise in commodity prices slows decline in farm income, say bankers

Agricultural lenders expect farm income, which weakened in the spring, to continue to decline this summer, although a recent rally in corn, soybean, and wheat prices will act as a stabilizer, said Federal Reserve banks in Kansas City, Minneapolis, and St. Louis on Thursday.

Ag lender Rabobank joins UNEP in $1-billion sustainable-agriculture initiative

In conjunction with World Food Day, agricultural lender Rabobank announced a global program, "Kickstart Food," to encourage sustainable food production, beginning with a $1-billion "facility" for land restoration and forest protection. The facility was launched in partnership with the UN Environment Program.

Dip in farm lending as sector copes with lower income

Ag bankers are charging higher interest rates and allowing longer repayment periods because of persistently lower farm income, says the Ag Finance Databook published by the Federal Reserve. The quarterly publication says farm loan volume was down 7 percent during the first six months of this year compared to January-June 2016.